Developers
The rupee depreciation in the past six months has gone to 20 percent and likely there are chances of property prices drop down by 20 percent. In the same context the non-resident Indians (NRIs) are in a mad rush to invest in Indian realty sector as the rupee breached the Rs 54-mark against the US [...] Continue Reading »
The year 2011 was a major failure for the Indian real estate sector. Now that 2011 is almost coming to an end, the real estate experts and developers are worried about realty role play in the upcoming year. According to the realty experts, the major drop back for failure this year is; lack of confidence [...] Continue Reading »
Brookfield Asset Management, a Canadian firm has teamed up with Peninsula Land, a branch of Ashok Piramal Group and planning to invest Rs 500 crore fund in real estate sector. It is a joint effort and the fund will initiate from April 2012. The fund will also have an over allotment option of Rs 150 [...] Continue Reading »
Buying a home for yourself? March into the Times Budget Homes Expo which starts today in Pune. The exhibition is for buyers looking for affordable housing within budgetable rates. It will be a 2 days show and the venue for the exhibition is fixed at Hotel Pride, Shivajinagar. All the renowned builders and developers will [...] Continue Reading »
Assured returns is what the developers are using as a bridge to attract the property buyers. This is happening only because the Reserve Bank has put down certain restrictions on developer transactions and norm is intern affecting the home buyers’ credit lines. Developers have started encouraging “Assured returns” concept in order to draw home buyers [...] Continue Reading »
Do not fall for properties without proper documents and titles. You never know when you might fall into trap! The recent Karnataka Land Grabbing Prohibition Bill, 2011 has caught attention of all these doubtful cases of developers and residential societies. The bill has cited many clauses under which keeping a Government land is count as [...] Continue Reading »
Citrus Ventures, a realty firm comes in as a savior for the developers who failed to establish their realty projects successfully during this year, 2011. With huge amount of uncleared debts and lack of proper cash flow have paved way for the developers to drop the construction projects halfway! Now, Citrus Ventures has already taken [...] Continue Reading »
Now, none of the developers or builders are interested in utilizing the land in Hyderabad. Dozens of realty projects are kept pending this year. All these situations happened only because of the order passed by government. The government order say that 20 percent of the built-up area on this 200 acre land is reserved for [...] Continue Reading »
God used as a marketing tool to promote realty projects! Sounds interesting, the developers in Ahmedabad are taking spiritual means to win over this sluggish realty market. Even though people are busy in today’s world having no time to visit temples, the developers are highlighting temple access in their project locality. Place of worship has [...] Continue Reading »
A plot in Surat adjacent to Devkrupa Chambers collapsed couple of days ago. The digging work of the adjoining plot to this building said to have damaged the foundations and led to collapse. The Surat Municipal Corporation (SMC) lodged a police complaint against the contractors, developers and architects of the project which was held responsible [...] Continue Reading »
